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The use of loan
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[QUOTE="Ralphjoe, post: 80278, member: 23616"] I don't think there are actually people that will take loans from Bank to do some frivolous things for themselves without actually using it to start business, knowing fully well that they will have to repay these loans with interest on them. If for a fact that such kind of people actually exist, then those people are setting themselves up for big trouble and failure because banks will never forfeit their loans just like that and before they grant you your loan request, you must have a collateral so that means that bank wiol seize the person's collateral and that is it. [/QUOTE]
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